UK
GAS
& ELECTRICITY OPTIONS
- Gas &
Electricity
Gas
& Elecricity Options - About
OFGEM
OFGEM (Office
of the Gas and Electricity Markets) regulates the gas and electricity
industries in Great Britain. Ofgem's aim is to bring choice and
value to all gas & electricity customers by promoting competition
and regulating monopolies. Ofgem is governed by the Gas and Electricity
Markets Authority and its powers are provided for under the Gas
Act 1986, the Electricity Act 1989 and the Utilities Act 2000.
Gas
& Elecricity Options - OFGEM
Main Tasks:
-
To promote
competition in all parts of the gas & electricity industries
by creating the fair competitive conditions for those companies
and to enable customers to make an informed choice between
suppliers
-
To regulate
areas of the gas and electricity industries where competition
is not effective by setting price controls and standards ensuring
value for money and a reliable service for all customers.
-
Governance.
THE
AVERAGE GAS CONSUMER ON A STANDARD TARIFF CAN SAVE UP TO £60
PER YEAR BY SWITCHING FROM BRITISH GAS TO A COMPETITIVE SUPPLIER.
IN ELECTRICITY, THE SAVINGS VARY BETWEEN £20 - £35,
DEPENDING ON THE AREA IN WHICH YOU LIVE.
Ofgem has
a free information leaflet to help you choose. They can be contacted
by phone on 0800 435 702 or by post at Ofgem, FREEPOST MR8192,
Manchester M1 9AZ. Ofgem's website is at www.ofgem.gov.uk.
|
